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All Forum Posts by: David Rey

David Rey has started 2 posts and replied 3 times.

Wholesaling

Post: how much to save for taxes

David ReyPosted
  • Posts 3
  • Votes 0
Quote from @Lydia R.:
Quote from @David Rey:

how much  should i set aside if i get $10k wholsale fee?


Great question! Impossible to answer without a lot more information. But a good rule of thumb is 20% set aside for taxes and 40% to reinvest in your business to get more deals. 

Sounds good thanks
0 Votes
Wholesaling

Post: how much to save for taxes

David ReyPosted
  • Posts 3
  • Votes 0

how much  should i set aside if i get $10k wholsale fee?

0 Votes
Wholesaling

Post: disclosure when wholesalin california

David ReyPosted
  • Posts 3
  • Votes 0

when calling escrow title companies in california to see if they handle assignments of contract and double closing. I was told yes as long as it is disclosed. bear in mind im not a real estate agent. When i asked what are the rules. The escrow agent said ask your broker. IS this something that wholesalers have to do becuase to me it sounds like she thought i was a realtor.

0 Votes